Natera Inc. (NASDAQ:NTRA) has earned an average recommendation of “Buy” from the seven research firms that are currently covering the firm. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $18.80.
A number of brokerages have recently commented on NTRA. TheStreet lowered Natera from a “hold” rating to a “sell” rating in a research note on Tuesday, November 1st. Benchmark Co. lifted their price target on Natera from $16.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, November 10th. Finally, Morgan Stanley set a $20.00 price target on Natera and gave the company a “buy” rating in a research note on Friday, August 5th.
In related news, insider Jonathan Sheena sold 32,505 shares of Natera stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $12.00, for a total value of $390,060.00. Following the transaction, the insider now directly owns 630,165 shares of the company’s stock, valued at $7,561,980. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 18.91% of the stock is owned by corporate insiders.
Institutional investors have recently bought and sold shares of the company. Capital World Investors increased its stake in shares of Natera by 2.6% in the third quarter. Capital World Investors now owns 4,099,803 shares of the company’s stock worth $45,549,000 after buying an additional 102,000 shares during the last quarter. Murphy Michael R increased its stake in shares of Natera by 2.8% in the second quarter. Murphy Michael R now owns 1,729,013 shares of the company’s stock worth $20,861,000 after buying an additional 46,591 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Natera by 16.5% in the second quarter. Vanguard Group Inc. now owns 1,636,821 shares of the company’s stock worth $19,748,000 after buying an additional 231,758 shares during the last quarter. EverPoint Asset Management LLC acquired a new stake in shares of Natera during the second quarter worth $9,652,000. Finally, BlackRock Fund Advisors increased its stake in shares of Natera by 7.4% in the third quarter. BlackRock Fund Advisors now owns 664,048 shares of the company’s stock worth $7,378,000 after buying an additional 45,776 shares during the last quarter. 65.02% of the stock is currently owned by institutional investors.
Natera (NASDAQ:NTRA) traded down 1.40% during mid-day trading on Monday, reaching $12.00. The company had a trading volume of 97,109 shares. The firm’s 50-day moving average is $10.40 and its 200-day moving average is $11.25. Natera has a one year low of $6.52 and a one year high of $13.80. The firm’s market capitalization is $628.58 million.
Natera (NASDAQ:NTRA) last announced its quarterly earnings results on Wednesday, November 9th. The company reported ($0.50) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.55) by $0.05. Natera had a negative return on equity of 48.24% and a negative net margin of 36.64%. The firm had revenue of $53.89 million for the quarter, compared to analyst estimates of $48.14 million. During the same period last year, the firm posted ($0.39) earnings per share. The business’s revenue for the quarter was up 20.0% on a year-over-year basis. On average, equities research analysts anticipate that Natera will post ($1.68) earnings per share for the current fiscal year.